Q4 EPS Estimates for goeasy Cut by National Bank Financial

goeasy Ltd. (TSE:GSY) – Equities research analysts at National Bank Financial cut their Q4 2024 earnings estimates for goeasy in a research report issued to clients and investors on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now anticipates that the company will earn $4.38 per share for the quarter, down from their previous forecast of $4.65. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. National Bank Financial also issued estimates for goeasy’s FY2025 earnings at $20.02 EPS and FY2026 earnings at $23.21 EPS.

goeasy (TSE:GSY) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$4.32 earnings per share (EPS) for the quarter, beating the consensus estimate of C$4.16 by C$0.16. goeasy had a net margin of 33.40% and a return on equity of 25.28%. During the same period in the previous year, the firm earned $3.81 earnings per share.

GSY has been the topic of a number of other research reports. BMO Capital Markets boosted their price objective on goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. National Bankshares boosted their price target on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Finally, Desjardins reduced their price objective on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$219.89.

goeasy Price Performance

Shares of TSE:GSY opened at C$167.47 on Tuesday. The stock’s 50 day moving average price is C$171.07 and its 200 day moving average price is C$178.82. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The stock has a market cap of C$2.81 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 0.84 and a beta of 1.87. goeasy has a 12 month low of C$151.80 and a 12 month high of C$206.02.

goeasy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were issued a dividend of $1.17 per share. The ex-dividend date was Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.79%. goeasy’s payout ratio is presently 30.45%.

Insider Buying and Selling at goeasy

In other news, Senior Officer Patrick Ryan Doris Ens bought 3,050 shares of the business’s stock in a transaction on Friday, November 15th. The shares were bought at an average cost of C$172.62 per share, with a total value of C$526,491.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. Insiders own 22.05% of the company’s stock.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.